Platts Strong wind generation helped the Electric Reliability Council of Texas system cope with the mid-July heat wave with high prices, but such wind capacity is unlikely to be available if another heat wave strikes in August, board members were…
Category: Generation
Cal-ISO defends plan to limit some congestion hedging, rein in speculation
Platts The California Independent System Operator is defending its plan to limit financial speculation related to congestion revenue rights, arguing that market participants will still have ample opportunities to hedge congestion costs. “Given the significant ratepayer losses under the current…